As of Wednesday close, Realty Income Corporation’s (NYSE:O) stock was down -$0.78, moving down -1.19 percent to $64.52. The average number of shares traded per day over the past five days has been 3,064,720 shares. 4 times new highs have been achieved over the past 5 days, with a $0.68 gain in that time frame. In the last twenty days, the average volume was 3,604,855, while in the previous 50 days, it was 4,309,728.
Since last month, O stock rose 6.66%. Shares of the company fell to $58.16 on 10/24/22, the lowest level in the past month. A 52-week high of $75.40 was reached on 04/21/22 after having rallying from a 52-week low of $55.50. Since the beginning of this year, O’s stock price has dropped by -9.88% or -$7.07, and marked a new high 9 times. However, the stock has declined by -14.43% since its 52-week high.
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O stock investors should be aware that Realty Income Corporation (O) stock had its last reported insider trading activity 85 days ago on Sep 01. Chapman A. Larry, the Director of the company, disposed of 7,000 shares for $67.97 on Sep 01. It resulted in a $475,790 divestment by the insider.
Right now, Realty Income Corporation (O) has a P/E ratio of about 60.36. The stock’s beta is 0.79. Besides these, the trailing price-to-sales (P/S) ratio of 12.84, the price-to-book (PB) ratio of 1.49, and the price-to-cash flow ratio of 80.95 may also be considered.
The latest dividend of $0.2480 per share was paid out, remained unchanged from last year’s $0.2480. On Tuesday September 13 2022, a $0.0005 dividend increase was announced.
According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.61, and the total debt-to-equity ratio was 0.61. On the profitability front, the trailing twelve-month gross margin is 93.60% percent. In the year ended June 29, operating margins totaled 18.70%. Based on annual data, O earned $324.84 million in gross profit and brought in $2.08 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 0.70%. Return on equity (ROE) for the past 12 months was 2.50%.
In Realty Income Corporation’s quarter-end financial report for June 29, it reported total debt of $1.11 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. O’s revenue rose 41.25% to $810.42 million during the quarter, while net income inched up to $837.27 million. While analysts expected Realty Income Corporation to report $0.38 quarterly earnings, the actual figure was $0.37 per share, beating the consensus estimate by -2.60%. During the quarter, the company generated $617.93 million in EBITDA. The value of shareholders’ equity is $627.15 million.
This quick technical analysis looks at Realty Income Corporation’s (O) price momentum. With a historical volatility rate of 15.30%, the RSI 9-day stood at 57.94% on 23 November.
With respect to its five-day moving average, the current Realty Income Corporation price is up by +1.07% percent or $0.68. At present, O shares trade +6.47% above its 20-day simple moving average and -6.88% percent below its 100-day simple moving average. However, the stock is currently trading approximately -1.36% below its SMA50 and -4.49% below its SMA200.
Stochastic coefficient K was 82.68% and Stochastic coefficient D was 83.83%, while ATR was 1.18. Given the Stochastic reading of 67.51% for the 14-day period, the RSI (14) reading has been calculated as 58.22%. As of today, the MACD Oscillator reading stands at 0.39, while the 14-day reading stands at 0.76.
Realty Income Corporation downgraded its rating on Realty Income Corporation (NYSE: O) to a Neutral in a note to investors on October 13, 2022. The analysts firm previously had a Buy rating on the stock.Realty Income Corporation (O) has been rated Overweight by analysts. According to 0 brokerage firms, O is a sell, and 9 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 2 analysts rate Realty Income Corporation stock as buy, with 7 recommending it as overweight.
With a median target price of $70.00, the current consensus forecast for the stock is $61.00 – $75.00. Based on these forecasts, analysts predict Realty Income Corporation (O) will achieve an average price target of $69.43.